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Showing 61 - 70 of 193 results for "FOMC meeting"

Chief economist update: Fed's on target, BOJ takes out target

BENJAMIN ONG  |  THURSDAY, 3 MAY 2018
The US Federal Reserve's 1-2 May FOMC meeting was both expected and a non-event - it kept the fed funds rate target at 1.5%-1.75% and more or less cut and pasted the FOMC Statement at its 20-21 March meeting. Well, maybe less, for May's statement was ...

Moving on up to target

BENJAMIN ONG  |  TUESDAY, 1 MAY 2018
... federal funds rate." While no one expects the Fed to announce a change in monetary policy settings at its May 1-2 FOMC meeting, there'll certainly be a lively debate regarding inflation. The US economic momentum, tight labour market, buoyant consumer ...

Chief economist update: The colour of Beige

BENJAMIN ONG  |  THURSDAY, 19 APR 2018
... Federal Reserve Bank's in each of 12 Federal Districts and is published approximately two weeks before the Fed's FOMC meeting. Speculators speculating the Fed will keep the fed funds rate unchanged at its 1-2 May meeting would take comfort that their ...

Chief economist update: Back to the shops

BENJAMIN ONG  |  TUESDAY, 17 APR 2018
... overall inflation in the economy. This gives credence to the Fed's thoughts revealed in the minutes of the 20-21 March FOMC meeting: "A number of participants indicated that the stronger outlook for economic activity, along with their increased confidence ...

Chief economist update: Inflation is heading Fed's way

BENJAMIN ONG  |  FRIDAY, 13 APR 2018
... Syria (now retreat) the other day, financial markets would have been dissecting the minutes of the Fed's 20-21 March FOMC meeting. There really was nothing significant except for a sentence alluding to a more aggressive path towards normalisation. "A ...

Chief economist update: Dot tales

BENJAMIN ONG  |  THURSDAY, 22 MAR 2018
... widely expected of it - it raised the fed funds rate target by 25 basis points to 1.5%-1.75% following its 20-21 March FOMC meeting. One sentence in the FOMC statement provides the underlying rationale for its move: "The economic outlook has strengthened ...

Chief economist update: Plotting the dots

BENJAMIN ONG  |  MONDAY, 19 MAR 2018
... - CME FedWatch Tool has the probability of a rate hike at 94.4% - when the US central bank concludes its two-day FOMC meeting on 21 March. But perhaps, the right statement is not that markets are widely expecting the US Federal Reserve to raise interest ...

Chief economist update: New Fed chief, same policy direction (but more transparent)

BENJAMIN ONG  |  WEDNESDAY, 28 FEB 2018
... anything new? Same here. For Powell's statement hardly differed from the statement issued after its 30-31 January FOMC meeting (Janet Yellen's last), including: "The committee views the near-term risks to the economic outlook as roughly balanced but ...

Chief economist update: The Fed's force is with us

BENJAMIN ONG  |  FRIDAY, 9 FEB 2018
... beggar-thy-neighbour polices and other non-conventional policy measures. If I'm forced to put a finger on it, the Fed's 20-21 March FOMC meeting will mark the turning point for Wall Street. The Fed could raise the fed funds rate another 25 basis points ...

Chief economist update: RBA stuck in slow inflation lane

BENJAMIN ONG  |  THURSDAY, 1 FEB 2018
... over the past 24 hours. There were no surprises at the Fed's decision to keep policy unchanged at its 30-31 January FOMC meeting. However, it changed its inflation outlook, expecting "Inflation on a 12-month basis... to move up "this year" and to stabilise ...